When we choose a career, we usually do so with professional goals in mind––with little or no thought to our lifestyle goals. A single person likely thinks differently than a married person with a family, much like a younger person has different priorities than an older person. Fortunately, whatever your …
Read MoreCompound interest is like a superpower: It can be used for either good or evil. The sentiment can be summed up in a famous quote by Albert Einstein, “Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn’t, pays it.” Money Stacking …
Read MoreInterest rates are like air in that you don’t physically see them but they have a great impact on your life. While air is essential to your survival, understanding what interest rates are and how they work can also help with your overall well-being. What are interest rates, and how …
Read MoreRetirement finances change on a regular basis, and you need to be prepared for them. Income tax and estate tax laws change, as do benefits such as Medicare and Social Security. Estate planning, annuities, the investment markets and the economy all evolve over time. Given the changing nature of retirement, …
Read MoreNewcomers to investing have enjoyed a long period of largely uninterrupted gains. They may not be as familiar with the inevitably volatile market that more experienced investors have endured. Stock Market Volatility For the less experienced, a volatile market refers to times when the common ups and downs in the …
Read MoreA personal loan empowers people with added financial power. A loan can be used for many reasons: home improvements, paying off debt, improving your credit, paying for your wedding ceremony, creating an emergency fund or starting a business. While the flexibility of a personal loan is appealing, there are mistakes …
Read MoreThere’s no doubt that as we get older, our investment strategies tend to become more conservative. This is especially true for the approximately 10,000 baby boomers who retire every day, and are counting on those investments to provide their retirement income. However, it’s unwise to simply base your investment strategy …
Read MoreA rite of passage for young people is opening their first bank account. Parents are delighted by this sign of financial responsibility, and the future financial maven is psyched to open an account that represents fiscal maturity. But part of opening your account is figuring out which is the best …
Read MoreWhile past performance does not guarantee how a stock will perform in the future, many of the fundamentals that led to a healthy stock market in 2019 remain in place for 2020. Consumer spending, job growth, increased borrowing, decreasing trade tensions and corporate spending/investment are all fueling optimism about stocks …
Read MoreMore than 45 million Americans are drowning in almost $1.6 trillion in combined student loan debt, with the average person carrying a balance of nearly $33,000. With such a large number of people feeling the stress of this financial burden, it’s not surprising that there are scammers taking advantage of …
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